Research

At B. Riley, our research process is an interactive one where we perform extensive due diligence on companies until the analyst develops the knowledge base and understanding of the company and the industry to make a recommendation. Our analysts continuously monitor industry developments and communicate with the management, competitors, suppliers and customers of the companies we follow, regularly communicating our findings through Research Updates and daily Morning Notes.

While we do not necessarily publish research on all of the companies we review, the knowledge base and understanding of many of our monitored companies parallels that of our covered companies. We actively cover over 100 companies and monitor an additional 100. Our analysts cover small to mid-cap companies that are under-followed or misunderstood by Wall Street. We believe that the pricing of small cap equities is frequently inefficient, and therefore provides the greatest potential rewards to diligent security analysis.

Click here to view some of the awards that our research department has earned.

This Week's Research

  • 05/22/13 Morning Note B. Riley & Co. Morning Notes: BC, HGG, HZO, IPAR
  • 05/22/13 Update IPAR ($30.33, Neutral; $33.00 PT): Highlights of Meeting With Management; Maintain Neutral Rating
  • 05/21/13 Update HGG ($15.61, Neutral; $16.00 PT): 4Q Beats On EPS, Initiative Slowness Leads Us To Downgrade To Neutral
  • 05/21/13 Update HZO ($12.30, Neutral; $13.00 PT): Boat Sales Remain Negative in April, Though Sterndrive/Inboard >30ft. +5%; Reiterate Neutral on Valuation
  • 05/21/13 Update BC ($34.17, Neutral; $38.00 PT): Boat Sales Remain Negative in April; Sterndrives Under Severe Pressure; Expect Better Results in Months to Come,…
  • 05/21/13 Update TIVO ($12.66, Buy; $16.00 PT): Stealth On Expenses Leads To Nice FQ1 EPS Beat; MSO Sub Growth Truly Outstanding
  • 05/20/13 Morning Note B. Riley & Co. Morning Notes: CNK, TIVO
  • 05/20/13 Update SSI ($24.19, Neutral; $28.00 PT): Q1 miss on weather; expect some recovery in Q2, assuming better weather; lowering estimates slightly and price target…
  • 05/20/13 Update RRGB ($49.43, Buy; $58.00 PT): We Expect In-line EPS, Better Revenues and Improved Guidance. Estimates Remain Unchanged but Increasing PT to $58 from…
  • 05/20/13 Morning Note B. Riley & Co. Morning Notes: Consumer Products (AVP, CLX, EL, F-Milan, JNJ, PG, PRGO, RDEN, UN, WMT), EGHT, JOEZ, MSG, RRGB, SPLS, SSI, TIVO, VIAB
  • 05/20/13 Update Industry Update - The Media & Entertainment Decoder
  • 05/17/13 Update SPLS ($14.47, Buy; $18.00 PT): Spending May Weigh On 1Q Results; Look To 2H
  • 05/17/13 Update EGHT ($7.41, Neutral; $5.87 PT): Earnings Preview: International Expansion Could Spur Growth
  • 05/17/13 Update B. Riley & Co. Industry Update: Household/Personal Care - Weekly Highlights (AVP, CLX, EL, F-Milan, JNJ, PG, PRGO, RDEN, UN, WMT)
  • 05/17/13 Update JOEZ ($1.87, Neutral; $2.15 PT): Initiating coverage of JOEZ with a Neutral rating and a $2.15 PT
  • 05/17/13 Update REMY ($17.70, Buy; $23.00 PT): Successful Post-Reorg Turnaround and Under-Levered BS Positions Remy For Growth; Resuming Coverage With a “Buy”…
  • 05/17/13 Update SNDK ($59.29, Buy; $67.00 PT): Profound Excess Cash Move Under-Appreciated; Add For Upside To $67.00
  • 05/17/13 Update TIVO ($12.50, Buy; $16.00 PT): Earnings Preview: Numbers Will Take a Back Seat To Legal Posturing; Maintaining PT of $16
  • 05/17/13 Update AMAT ($14.66, Neutral; $15.00 PT): Strong Beat But Guidance Mixed, Increasing FY14 Estimates on Improved Earnings Leverage, Price Target Raised to…
  • 05/17/13 Update JACK ($36.97, Buy; $49.00 PT): Good Earnings Result Regardless of Weak Qdoba Sales; EPS Guidance Lifted; FY’13 Estimate Raised, Price Target Raised
  • 05/17/13 Update ITI, $1.64 - Federal Highway Bill poised to drive systems segment higher; investment in iPerform is ramping and new partnerships/customer wins are…
  • 05/17/13 Update VSAT ($59.81, Buy; $72.00 PT): ViaSat-2 Promises 2x Bandwidth Economics and 7x Coverage, Partnering with Boeing to Sell Future Systems; Q4 (Mar) Beats…
  • 05/17/13 Morning Note B. Riley & Co. Morning Notes: AMAT, GME, ITI, JACK, REMY, SNDK, TIVO, VSAT
  • 05/17/13 Update GME ($38.05, Buy; $36.00 PT): On Track For An In-Line 1Q, Remain Focused On 2H
  • 05/16/13 Update REIS ($16.37, Buy; $21.75 PT): Meetings with Management Highlight “Triple Threat” Growth Opportunity
  • 05/16/13 Update SKX ($21.41, Buy; $30.00 PT): Q1 beat pre-announced metrics; strong retail comps; after weather-related caution during Q1 (soft Q2), retailers are…
  • 05/16/13 Update VOXX ($10.46, Buy; $14.00 PT): Temperate FY14 Guidance Mutes 4Q Upside, Outlook Remains Positive
  • 05/16/13 Update VSAT ($59.71, Buy; $72.00 PT): Earnings Preview: Exede-ingly Clear Value of Ka-band IP
  • 05/16/13 Morning Note B. Riley & Co. Morning Notes: BCOV, HSKA, REIS, SKX, SMTC, SPWR, VIAB, VOXX, VSAT
  • 05/16/13 Update SMTC ($35.44, Buy; $38.00 PT): Expect SMTC Beat/Beat 5/22 AMC; Shares Relatively Cheap Despite Rally
  • 05/16/13 Update SPWR ($20.65, Neutral; $21.00 PT): FY13 Guidance Above Consensus Expectations, Increasing FY14 Estimates, and Increasing Price Target to $21.00 From…
  • 05/16/13 Update VIAB ($69.62, Buy; $78.00 PT): ‘Star Trek’ Preview; Looking for a $95mm Opening; Divi Hike Likely In Cards Near Term; Boosting Price Target to…